Oil Ministry working on proposal to merge MRPL with HPCL

The idea of the MRPL-HPCL merger had been floated soon after ONGC acquired HPCL from the government five years ago but made little progress. The ministry is now pushing for the merger, which is likely to be a share-swap deal, said the people cited above.

from Energy-Industry-Economic Times https://ift.tt/nI4dkgx